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Postgirot
PlusGirot ''(formerly PostGirot)'' is a Swedish money transaction system, owned by Nordea. ''PlusGirot'' is one of two proprietary clearing systems used for regular transactions such as bill payments in Sweden. Postgirot, was developed by Posten, the Swedish postal service, and for a long time it was wholly separate from the banking system which made transfers between the two systems difficult. The competing system Bankgirot was owned and operated by the banks. The deregulation of postal services in Sweden prompted a sale of Postgirot, and initially there were plans to merge the two clearing systems, but it was halted due to objections from the Swedish Competition Authority The Swedish Competition Authority ( sv, Konkurrensverket, abbreviated KKV) is a Swedish government agency organized under the Ministry of Enterprise tasked to promote and safeguard competition in the private and public sector, to the benefit of al .... Instead, Postgirot applied for a banking license and bec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plusgirot
PlusGirot ''(formerly PostGirot)'' is a Swedish money transaction system, owned by Nordea. ''PlusGirot'' is one of two proprietary clearing systems used for regular transactions such as bill payments in Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on .... Postgirot, was developed by Posten, the Swedish postal service, and for a long time it was wholly separate from the banking system which made transfers between the two systems difficult. The competing system Bankgirot was owned and operated by the banks. The deregulation of postal services in Sweden prompted a sale of Postgirot, and initially there were plans to merge the two clearing systems, but it was halted due to objections from the Swedish Competition Authority. Instead, Postgirot applied for a banking license and be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankgirot
Bankgirot is a proprietary clearing system (a Giro (banking), giro) in Sweden used for transactions such as bill payments. It is owned by multiple Swedish banking conglomerates. The clearing system is connected with the banks enabling payments to be received directly into bank accounts. Swedish Bankgiro numbers are in principle only short versions of bank account numbers. They have seven or eight digits. Bankgiro numbers can't be used when paying from other countries or in other currencies than SEK. Instead the IBAN number of the actual bank account should be used for that. History Bankgirot was started in 1959. Postgirot (now called PlusGirot), the main competitor, having its own account system, was not able to offer deposits into bank accounts and still does not generally do so except to Nordea bank accounts. Nordea was obliged to withdraw from involvement in Bankgirocentralen's operations related to Bankgirot for competitive reasons when it acquired Postgirot Bank (now PlusGir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Posten (Sweden)
PostNord Sverige (formerly ''Posten AB'') is the name of the Swedish postal service. In 2009 Posten merged with its Danish equivalent, Post Danmark A/S, forming PostNord AB, a holding company that is jointly owned by the Swedish (60%) and Danish (40%) governments. A rebranding to PostNord for both the mail and logistics divisions was performed in 2015. History Posten was established as ''Kungliga Postverket'' (The Royal Postal Agency) in 1636 by the Lord High Chancellor of Sweden Axel Oxenstierna, who was de facto regent until the young Queen Christina took the throne in 1644. It was operated as a government agency into the 1990s when it was transformed into a government-owned limited company. One of the most visible changes to the postal service was the decision in 2000 to replace Posten's numerous post offices with a franchise net of postal service points, run by grocery shops and petrol stations. Postal Service Centres, run by Posten, are maintained for business clients on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Competition Authority
The Swedish Competition Authority ( sv, Konkurrensverket, abbreviated KKV) is a Swedish government agency organized under the Ministry of Enterprise tasked to promote and safeguard competition in the private and public sector, to the benefit of all consumers and market participants. The agency ensures that contracting authorities comply with public procurement rules, propose legislative changes to improve competition, disseminates information about the rules that apply, and provides grants for research on competition and procurement. History The agency was founded in 1992, when it replaced the National Price and Competition Board ( sv, Statens pris- och konkurrensverk) and Office of the Competition Ombudsman ( sv, Näringsfrihetsombudsmannen). In 2007 the Board for Public Procurement ( sv, Nämnden för offentlig upphandling) was dissolved, and its operations – oversight on public procurement – were taken over by the Swedish Competition Authority. Organisation The agency is b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Sweden
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payment Clearing Systems
A payment is the voluntary tender of money or its equivalent or of things of value by one party (such as a person or company) to another in exchange for goods, or services provided by them, or to fulfill a legal obligation. The party making the payment is commonly called the payer, while the payee is the party receiving the payment. Payments can be effected in a number of ways, for example: * the use of money, cheque, or debit, credit, or bank transfers, whether through mobile payment or otherwise * the transfer of anything of value, such as stock, or using barter, the exchange of one good or service for another. In general, payees are at liberty to determine what method of payment they will accept; though normally laws require the payer to accept the country's legal tender up to a prescribed limit. Payment is most commonly effected in the local currency of the payee unless the parties agree otherwise. Payment in another currency involves an additional foreign exchange transactio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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